According to reports, Oracle plans to lay off thousands of employees

AASTOCKS
2026.03.05 19:02

According to foreign media reports, Oracle (ORCL.US) plans to lay off thousands of employees as one of the measures to address the funding shortfall caused by the large-scale expansion of artificial intelligence data centers.

The report indicates that this round of layoffs will affect multiple departments within the company and may be implemented as early as this month